O Shaughnessy Asset Management LLC Cuts Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

O Shaughnessy Asset Management LLC lowered its position in Green Brick Partners, Inc. (NASDAQ:GRBK) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,871 shares of the financial services provider’s stock after selling 1,101 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.07% of Green Brick Partners worth $1,857,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of Green Brick Partners during the 4th quarter worth $9,488,000. WCM Investment Management LLC acquired a new stake in Green Brick Partners in the fourth quarter valued at $8,053,000. JPMorgan Chase & Co. lifted its holdings in Green Brick Partners by 68.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 292,590 shares of the financial services provider’s stock worth $24,437,000 after buying an additional 118,858 shares during the last quarter. State Street Corp boosted its position in shares of Green Brick Partners by 5.8% during the 3rd quarter. State Street Corp now owns 1,737,812 shares of the financial services provider’s stock worth $145,142,000 after acquiring an additional 94,834 shares in the last quarter. Finally, Edgestream Partners L.P. increased its holdings in shares of Green Brick Partners by 549.1% in the 4th quarter. Edgestream Partners L.P. now owns 90,218 shares of the financial services provider’s stock valued at $5,096,000 after acquiring an additional 76,318 shares during the last quarter. Institutional investors and hedge funds own 78.24% of the company’s stock.

Green Brick Partners Price Performance

Shares of GRBK opened at $57.85 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 7.57 and a quick ratio of 0.63. Green Brick Partners, Inc. has a 1-year low of $51.76 and a 1-year high of $84.66. The stock has a market cap of $2.57 billion, a PE ratio of 7.51 and a beta of 1.89. The firm has a fifty day moving average price of $59.42 and a 200 day moving average price of $65.98.

Analyst Upgrades and Downgrades

Separately, Wedbush restated a “neutral” rating and set a $70.00 target price on shares of Green Brick Partners in a research note on Friday, February 28th.

Green Brick Partners Company Profile

Green Brick Partners, Inc is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes.